SIRIUS Satellite Radio Passes 5.1 Million Subscribers
Wednesday October 4, 8:24 am ET
* Five Million Subscriber Mark Reached During Third Quarter 2006
* Industry Leader In Net Subscriber Additions For The Fourth Consecutive Quarter
* Company Reaffirms 2006 Subscriber Guidance
NEW YORK, Oct. 4 /PRNewswire-FirstCall/ -- SIRIUS Satellite Radio (Nasdaq: SIRI - News) today announced that it ended the third quarter with 5,119,308 subscribers, 135% above third quarter 2005 ending subscribers of 2,173,920. SIRIUS added 441,101 net subscribers in the third quarter of 2006, a 23% increase over year-ago third quarter net subscriber additions. SIRIUS has led the satellite radio industry in net subscriber additions for four consecutive quarters, with 61% of total satellite radio net additions in the third quarter of 2006.
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Source: SIRIUS Satellite Radio
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SIRIUS also reiterated its guidance of 6.3 million subscribers by year-end 2006.
About SIRIUS
SIRIUS, "The Best Radio on Radio," delivers more than 130 channels of the best programming in all of radio. SIRIUS is the original and only home of 100% commercial free music channels in satellite radio, offering 69 music channels. SIRIUS also delivers 65 channels of sports, news, talk, entertainment, traffic, weather and data. SIRIUS is the Official Satellite Radio Partner of the NFL, NBA and NHL and broadcasts live play-by-play games of the NFL, NBA and NHL. All SIRIUS programming is available for a monthly subscription fee of only $12.95.
SIRIUS products for the car, truck, home, RV and boat are available in more than 25,000 retail locations, including Best Buy, Circuit City, Crutchfield, Costco, Target, Wal-Mart, Sam's Club, RadioShack and at shop.sirius.com.
SIRIUS radios are offered in vehicles from Audi, BMW, Chrysler, Dodge, Ford, Infiniti, Jaguar, Jeep®, Land Rover, Lexus, Lincoln-Mercury, Mazda, Mercedes-Benz, MINI, Nissan, Rolls Royce, Scion, Toyota, Porsche, Volkswagen and Volvo. Hertz also offers SIRIUS in its rental cars at major locations around the country.
Click on www.sirius.com to listen to SIRIUS live, or to purchase a SIRIUS radio and subscription.
Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance with respect to SIRIUS Satellite Radio Inc. are not historical facts and may be forward-looking and, accordingly, such statements involve estimates, assumptions and uncertainties which could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2005 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2006 filed with the Securities and Exchange Commission. Among the key factors that have a direct bearing on our operational results are: our dependence upon third parties, including manufacturers of SIRIUS radios, retailers, automakers and programming partners, our competitive position and any events which affect the useful life of our satellites.
G-SIRI
Media Contact:
Patrick Reilly
SIRIUS
212.901.6646
preilly@siriusradio.com
Analyst Contact:
Paul Blalock
SIRIUS
212.584.5174
pblalock@siriusradio.com
Michelle McKinnon
SIRIUS
212.584.5285
mmckinnon@siriusradio.com
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Source: SIRIUS Satellite Radio |
